YEARLY HIGH
0.0530 BDT
YEARLY LOW
0.0393 BDT
YEARLY AVERAGE
0.0466 BDT

2023 CDF to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0530. Conversely, the yearly low was recorded on December 21, dropping to 0.0393.

This high-to-low spread represents a total annual volatility of 0.0137 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0512 to the December average rate of 0.0404, the exchange rate registered a net change of -20.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0530 was up 1.73% compared to the 2022 peak of 0.0521, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CDF based on timing:

Yearly Peak High 265 BDT
2022 Average 231 BDT
Yearly Trough Low 196 BDT
Transaction Impact: A difference of 68.46 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0527
0.0393
JanuMarcMayJulySeptNove

CDF to BDT Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0500, compared to 0.0433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.0500
H2 Avg (Jul–Dec) 0.0433

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0070 BDT (High: 0.0529 / Low: 0.0459). On the other end, September was the most stable month, with a tight range of 0.0008 BDT (High: 0.0446 / Low: 0.0438).

May Spread (Volatile) ±0.0070
September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0033 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0516) against the same month in 2022 (average: 0.0428), the exchange rate shifted by +0.0088 (+20.49%).

2023 Avg (February) 0.0516
2022 Avg (February) 0.0428

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0520 0.0504 0.0512
February 0.0530 0.0503 0.0516
March 0.0523 0.0504 0.0512
April 0.0523 0.0483 0.0510
May 0.0529 0.0459 0.0491
June 0.0465 0.0449 0.0458
July 0.0449 0.0426 0.0439
August 0.0447 0.0438 0.0441
September 0.0446 0.0438 0.0442
October 0.0445 0.0424 0.0438
November 0.0446 0.0405 0.0434
December 0.0413 0.0393 0.0404